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Alphamin Resources ( (TSE:AFM) ) has shared an announcement.
Alphamin Resources posted record first-quarter 2026 EBITDA guidance of about US$158 million, a 46% jump from the prior quarter, on steady tin output of just over 5,000 tonnes and a 30% rise in realized tin prices to roughly US$49,000 per tonne. Tin sales, improved road conditions and strong pricing drove a US$128 million increase in net cash to US$140 million, although all-in sustaining costs are expected to rise 7%, with further fuel-driven cost pressure anticipated in the next quarter.
The company also ramped up exploration, drilling 4,673 metres across Mpama South and Mpama North as part of a three-pronged strategy to extend mine life, discover new deposits near Bisie and advance regional grassroots targets. Initial drilling has yielded limited visible cassiterite intercepts and revealed structural complexities at Mpama North, guiding follow-up work, while the expanded drilling program underscores Alphamin’s bid to consolidate its position as a key supplier in a tightening global tin market.
The most recent analyst rating on (TSE:AFM) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Alphamin Resources stock, see the TSE:AFM Stock Forecast page.
Spark’s Take on AFM Stock
According to Spark, TipRanks’ AI Analyst, AFM is a Outperform.
The score is driven primarily by strong recent financial performance (rapid revenue and profit growth, high margins, improving leverage) and supportive valuation (low P/E and high dividend yield). This is partially offset by weak technical momentum (price below key moving averages and subdued RSI/MACD), which raises near-term timing risk.
To see Spark’s full report on AFM stock, click here.
More about Alphamin Resources
Alphamin Resources is a tin producer listed on the TSX-V and JSE AltX, operating its flagship Mpama North and Mpama South deposits in the Bisie tin complex in the Democratic Republic of Congo. The company focuses on high-grade tin mining and exploration, targeting both resource expansion at existing mines and regional growth across a broader, highly prospective land package.
Average Trading Volume: 1,618,140
Technical Sentiment Signal: Buy
Current Market Cap: C$1.56B
Find detailed analytics on AFM stock on TipRanks’ Stock Analysis page.